Asian Market Updates, Stocks to Buy Today on 28 November 2013


Asian equity markets followed Wall Street shares higher on Thursday but the mood could be quiet with US markets shut for the Thanksgiving holiday.

China's Shanghai Composite climbed 16.51 points or 0.75 percent to 2,217.58 and Hong Kong's Hang Seng rose 146.08 points to 0.61 percent to 23,952.43.
Japan's Nikkei 225 Average rallied 180.48 points or 1.17 percent to 15,630.11 and Singapore's Straits Times spiked 24.85 points or 0.78 percent to 3,196.91.
South Korea's Seoul Composite was up 12.67 points or 0.62 percent at 2,041.48 and Taiwan Weighted advanced 63.62 points or 0.77 percent to 8,359.50.
Meanwhile, upbeat economic data overnight helped the Dow and S&P 500 closed at fresh record highs, while the Nasdaq ended at its highest level in over thirteen years. Fewer Americans than expected filed applications for jobless benefits last week, while a private gauge on consumer sentiment topped estimates for November.
Meanwhile, the euro strengthened to a four-year high against the yen after Germany's two major parties formed a grand coalition and pledged fresh reforms.


Here are the Stocks, Trader/Investor can Buy Today - 28 November 2013

Buy Axis Bank, Target Rs 1170 and Stoploss Rs 1,095
Buy Siemens, Target Rs 630 and Stoploss rs 580
Buy Axis Bank, Target Rs 1150 and Stoploss Rs 1,100
Buy Grasim Industries, Target Rs 2630 and Stoploss Rs 2,530